Extreamly bullish Commentry from management
● Due to supply side constraint, this quater had revenue problem. EPC business should not be judged on QoQ results.
● Revenue guidance cut by 100 cr. For this year.
1000-1100 Cr. Revenue guidance against 1200 Cr. earlier-
●Q4 will be about 500 Cr. Revenue – best for the company
● Guidance of 1600 Cr. EPC Revenue for FY24 , & target of 2000 Cr. By Fy 25
Next 3 years will be best for the company.
● Guidance of 14.5% operating margin going forward
● Company has 1200 Cr. Cash/ Cash equivalent ( 110 rs/ share ). Payout/ buyback from cash surplus will go up higher & our investors will be rewarded well in the future.
● On wind power sell – Sold wind power asset at 80% purchase value, after 12 years of use. – that was the best possible deal.
● You will see magical growth in this company! – Mr. Gupta
● On data centre – First datacentre (12 floor ) should be operational from sep 2023.
JV partner search for datacentre is going on. Already received some term sheets from some parties.
Subscribe To Our Free Newsletter |